The forecast for Germany's fossil energy imports indicates a gradual decline from 2024 to 2028, starting at 235.58 Mtoe in 2024 to 232.59 Mtoe in 2028. Compared to 2023, this represents a consistent trend of decreasing imports, albeit at a slow pace. Year-on-year variations show a minor decrease of approximately 0.32% to 0.35% per year. Over the five-year period from 2024 to 2028, the CAGR is approximately -0.33%, reflecting this slow downward trajectory.
Future trends to watch for include:
- Potential policy shifts towards renewable energy investment which could accelerate the decline in fossil energy imports.
- Volatility in global fossil fuel markets potentially impacting import volumes.
- Technological advancements in energy efficiency that may further reduce dependence on fossil energy.